Unit Sold - 5/26 Hall Street, Port Lincoln

A safe investment with fantastic rental return

Enquire Now Plan

Get your money out of the bank and into the property market! Money in the bank is currently seeing the lowest rates since the 1950's!

5/26 Hall Street is currently receiving $210 per week ($10,920.00 gross per annum before depreciation) until 22/01/2020 with a great long term tenant. Which works out to be a 7.3% gross return!

Located in the increasingly popular Happy Valley Precinct known for its quiet, family feel and only 750m (approx) to the Axel Stenross Boat Ramp, where you can usually jag a squid or two!

Completely low maintenance both inside and out (which is ideal as an investor), the unit comprises an open-plan living area incorporating the kitchen, dining area and lounge with a split system reverse cycle air conditioner providing year round comfort as well as ceiling fans. All of which is attractive to tenants!

Adjacent the kitchen is the laundry and off the kitchen is a private rear yard that is both private and secure. Each unit has an allocated single carport for your tenants use.

The immaculate grounds are level and feature lush lawns and established palms, which are maintained regularly by the community corporation.

Contact Shane Merchant from Kemp Real Estate for council rates and other information, and get your money working for you!

Get to know Port Lincoln

Port Lincoln is a city on the lower Eyre Peninsula in the Australian state of South Australia. It is situated on the shore of Boston Bay, which opens eastward into Spencer Gulf. It is the largest city in the West Coast region, and is located approximately 280 km (straight line – 646 km by road) from the State's capital city of Adelaide.